Business
Fostering Sustainable Careers with ‘The UOB Way’: A Look into the Leading Southeast Asian Bank’s People-Centric Approach
'The UOB Approach' aids staff in fostering enduring careers
The prominent Southeast Asian financial institution's principles, mission and beliefs promote individual and career development to enhance involvement and efficiency.
In today's fiercely contested business landscape, any enterprise seeking to draw in and keep the best talent should have definitive plans to nurture the personal and professional development of their employees.
Understanding this, the Singapore-based United Overseas Bank (UOB), which boasts an international network of 500 branches and offices, took a considerable amount of time to identify the crucial components that would shape its distinct organizational culture.
The outcome, dubbed "The UOB Way," is a structure that embodies the bank's principles, mission, and human resources ethos. Importantly, it offers each staff member the education, advice, chances, and adaptability to chase enduring careers, as well as assisting them in achieving a balanced work-life equilibrium with plenty of time for family and extracurricular activities.
The bank's goal in doing this is to foster a culture that enhances involvement and efficiency, enabling individuals to make significant impacts in their positions by continually investing in new abilities and initiatives.
Four years ago, the initial phase in developing the structure was to reaffirm the bank's mission: a pledge to its clients, communities, and coworkers in shaping the future of the Association of Southeast Asian Nations, which consists of 10 member countries.
This can be achieved by showing dedication, integrity, initiative, and unity in all business-related decisions and actions. To support this, UOB's employee philosophy, which is based on consideration, development, and confidence and reinforced by purpose and equilibrium, makes the bank an excellent workplace.
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